Ever Given finally free to leave Suez

SUEZ Canal authorities announced the release of a shipping vessel that blocked the crucial waterway for nearly a week earlier this year.

The Ever Given is leaving the Suez Canal after its Japanese owner, Shoei Kisen Kaisha Ltd, reached a settlement with the canal authorities over a compensation amount after more than three months of negotiations and a court standoff.

The settlement deal was signed in a ceremony in the Suez Canal city of Ismailia, after which the vessel was seen sailing to the Mediterranean.

The vessel ran aground in March, blocking the Gulf of Suez-Mediterranean link for six days. It has been since held amid a dispute over financial